Insurance Cost and Excess

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  • #6250
    desireesprouse7
    Participant

    I have just received a renewal for my Insurance for the Sabre. I note the Racing Risk Excess with QBE is $500. This makes claiming for spars, sails etc hardly worthwhile, basically you would need some serius hull damage to make a claim. Does anyone else no of any other Insurance Policies with lower excesses for sabres?

    It seems the Racing excess is high due to claims from higher risk vessels such as skiffs, but is standard for every class.

    Cheers James

    #7531
    morrismoffat738
    Participant

    I’m with Nautilus Marine my excess is $100 (total annual premium is only $145, really good deal!)

    The deal is through Yachting Australia (or Yachting South Australia, I can’t remember which)

    #7532
    rochelledover74
    Participant

    If you are in WA then the cheapest is YWA, go here

    http://autocover.nautilusinsurance.com.au/html/default.cfm?siteStyle=WA

    I would expect the other states associations to have a similar offer. These are the cover options:

    Third party $10 million liability cover only
    Premium = $50

    Up to $5,000 sum insured Trailer, trolley hull, mast & sails,
    including $10 million liability cover
    Premium = $145 and Excess = $100

    Up to $10,000 sum insured, including $10 million liability cover
    Premium = $185 and Excess = $100

    Up to $20,000 sum insured, including $10 million liability cover
    Premium = $250 and Excess = $200

    #7533
    Paul Matthews
    Participant

    Hi,
    If you are in Qld, you can access the Nautilus Marine products via the YQ website
    http://www.qld.yachting.org.au/
    Good rates. No stuffing around because its wood etc.
    It processes online, then they will send you a pair of gloves with the documents.
    PLUS – you nominate your sailing club and they get a few$$ as well.
    Everyone’s a winner.
    Susan

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